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Mar 21, 2013
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but i've got to have my debt ceiling now. less than two years later we've already increased the debt ceiling $2.1 trillion. we're right up there again having to raise the debt ceiling again. it will be a matter of weeks that this has got to be confronted again. well, what about the spending cuts? before the ink was dry on that agreement, signed by the president himself, i've got the document right here, in blue ink, barack obama right there. agree to cut $2.1 trillion in spending over ten years. this wasn't a big cut. we are at the -- spending were flat for ten years, we would have spent $37 trillion. as i recall, if under the baseline then in effect, we were expected to grow it to $49 trillion over ten years. $49 trillion. this would have reduced it to $47 trillion. so we reduced the growth of spending from $37 trillion to $47 trillion instead of $49 trillion. now you would have thought we were throwing the sink and the country into the ocean. but in january, six months later, he proposes a budget that wipes out 60% of that
but i've got to have my debt ceiling now. less than two years later we've already increased the debt ceiling $2.1 trillion. we're right up there again having to raise the debt ceiling again. it will be a matter of weeks that this has got to be confronted again. well, what about the spending cuts? before the ink was dry on that agreement, signed by the president himself, i've got the document right here, in blue ink, barack obama right there. agree to cut $2.1 trillion in spending over ten...
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Mar 23, 2013
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a deal that would avoid, for example, having to worry about raising the debt ceiling end of july, early august. is that at all doable? >> it is possible. i wouldn't go as far as saying doable now. but what i will say, the difference in approach now versus say two years ago when they tried this and it failed and it was, you know, almost the end of the world as the u.s. bumped up against the debt ceiling, the difference is they are going through what we call in washington regular order. everything is done in the open. i think that has lead to a different atmosphere on capitol hill where people know what's going on, they're voting on measures, and they're not waiting to see the white smoke from the white house when the president and house speaker and others are having private meetings that nobody is involved in. the fact that they didn't trust each other, then rank and file didn't trust them behind closed doors, that added to the problem. the fact it is happening in the open could help. >> at least the president is engaged in the so-called charm offensive, speaking with republicans, inviti
a deal that would avoid, for example, having to worry about raising the debt ceiling end of july, early august. is that at all doable? >> it is possible. i wouldn't go as far as saying doable now. but what i will say, the difference in approach now versus say two years ago when they tried this and it failed and it was, you know, almost the end of the world as the u.s. bumped up against the debt ceiling, the difference is they are going through what we call in washington regular order....
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Mar 23, 2013
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we're not there yet which we got a debt ceiling debate that's going to be coming in the next few months. while they passed two budgets they haven't gone through the whole process. we could continue with a number of stop gap measures keeping government from shutting down until someone comes to a big agreement. host: on our line for republicans, go ahead. caller: thank you sir for taking my call which really enjoy c-span. i don't get to watch it much due to the fact i'm in school monday through friday. i'm an american government teacher and have been for the last 19 years and i have a question the for your young lady. i would like her to define the word politico. that's the first question. number two, what is frightening for the student i face daily and have faced for the past 19 we now the fact that govern by party, we don't govern by the constitution. ealthcare not mentioned in the document. not expressly or interntly mentioned by the document. if washington would have thought it was important, it would have been in there. secondly resolutions as you mentioned are not binding and all it
we're not there yet which we got a debt ceiling debate that's going to be coming in the next few months. while they passed two budgets they haven't gone through the whole process. we could continue with a number of stop gap measures keeping government from shutting down until someone comes to a big agreement. host: on our line for republicans, go ahead. caller: thank you sir for taking my call which really enjoy c-span. i don't get to watch it much due to the fact i'm in school monday through...
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Mar 20, 2013
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maybe we get a debt ceiling fight down the road. washington still hanging on this economy to a great degree, it means the fed -- also nowhere near the unemployment target. there's nothing in the numbers to suggest the fed would be anything but completely dovish. >> sue? >> josh is going to join the conversation now. i think basically ben set it up for us perfectly. it does seem to be the u.s. fed versus the rest of the world. and once again mr. bernanke is presented with a crisis in another part of the world which may have to influence what he does here in the united states. >> that's exactly right. cyprus is going to play a big role in how he deals with europe. i think the fed wants to be curbs. if it's going to make any kind of move, it wants that move to be successful. that's going to be a guiding principle going forward. we have to remember there's a lot of forward looking events like that debt ceiling issue which is going to crop up in the middle of may. how we handle that will influence the economy going forward. we have to th
maybe we get a debt ceiling fight down the road. washington still hanging on this economy to a great degree, it means the fed -- also nowhere near the unemployment target. there's nothing in the numbers to suggest the fed would be anything but completely dovish. >> sue? >> josh is going to join the conversation now. i think basically ben set it up for us perfectly. it does seem to be the u.s. fed versus the rest of the world. and once again mr. bernanke is presented with a crisis in...
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Mar 18, 2013
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ceiling vote coming up soon. we have to stop the spending -- >> neil: you used to work there, and i always think there's a method to all madness, and i think that someone there, within the ranks of the party establish; must be saying, we can't agreg aggressively push this because maybe in and of itself, pushing the idea of immediately attacking the debt and we don't, immediately backfires on us. >> i'll go bark the words of the former chairman of the joint chiefs of staff mullen who said our debt is the most critical national security crisis of the country. that it is coming from the chairman of the joint chiefs of staff. i believe everybody else in washington, dc would get onboard. you would not think that something such as that financial matter would have something to do with national security but it does you. look at what its going on with the missile interceptors we're moving up into alaska, it's costing us now two to three times what should it have cost, and we'll hear to borrow money from china, in order to
ceiling vote coming up soon. we have to stop the spending -- >> neil: you used to work there, and i always think there's a method to all madness, and i think that someone there, within the ranks of the party establish; must be saying, we can't agreg aggressively push this because maybe in and of itself, pushing the idea of immediately attacking the debt and we don't, immediately backfires on us. >> i'll go bark the words of the former chairman of the joint chiefs of staff mullen who...
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Mar 20, 2013
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ceiling, and a lot of members of congress were reluctant to raise the debt ceiling since we were so irresponsible around this place, but an agreement was reached recognizing that could be disruptive to a significant degree, that we would raise the debt ceiling $2.1 trillion but we would reduce spending over ten years $2.1 trillion. well, we've already run up another $2.1 trillion in debt. we've already hit that. but they're proposing, and the president himself in his budget last january, six months -- less that six months after he signed the budget control act eliminating a little bit of the growth in spending, he's proposing to eliminate it, at least the sequester part of it, which is $1.2 trillion, 60%. so here are some other figures that are plain that the american people should know about this budget. it has a 60% spending increase over ten years, would increase spending 60%. it has $162 billion increase in spending next year, another stimulus bill. $7.3 trillion in new federal debt will be added under this budget over the next ten years. $1.5 trillion in tax increases. 80% incr
ceiling, and a lot of members of congress were reluctant to raise the debt ceiling since we were so irresponsible around this place, but an agreement was reached recognizing that could be disruptive to a significant degree, that we would raise the debt ceiling $2.1 trillion but we would reduce spending over ten years $2.1 trillion. well, we've already run up another $2.1 trillion in debt. we've already hit that. but they're proposing, and the president himself in his budget last january, six...
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Mar 19, 2013
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ceiling back in 2011. >> no federal government employees, including counterterrorism agents, in the fbi, for example, no border agents. now, before we default, we could have time to make this sign for all points of entry. that's just the tip of the iceberg. >> i think he was being sarcastic, don't you? >>> now to the ones who were ill advised for whatever reason. first iowa republican congressman steve king with the solution for illegal immigration in the form of a construction project on the house floor. >> you can't shut that off unless we build a fence and wall. i want to put a fence in and a wall in. i designed one. this would be an example, then, of how that wall would look. you can also deconstruct it the same way. you can take it back down. i also say we need to do a few other things on top of that wall. one of them put a little bit of wire on top to provide a disincentive for people to climb over top or put a ladder there. we can electrify this wire, not a current that would kill anybody, but would be a deterrent. we do it in livestock all the time. >> now for one that made
ceiling back in 2011. >> no federal government employees, including counterterrorism agents, in the fbi, for example, no border agents. now, before we default, we could have time to make this sign for all points of entry. that's just the tip of the iceberg. >> i think he was being sarcastic, don't you? >>> now to the ones who were ill advised for whatever reason. first iowa republican congressman steve king with the solution for illegal immigration in the form of a...
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Mar 25, 2013
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. >> that's going to run right into the debt ceiling? how's the market going to react? >> really coming back and having about half of the earlier losses. that will do it for power lunch. >> we will see how it goes. "street signs" begins right now. >> and welcome to street signs. we started the die and we thought we might see a new high. what is behind today's reversal and what will it take to breakthrough to new highs? the company bringing on its founders. so is this the best move for best buy? plus it's all about accessories right? the ceo joins us the dough is, as you can see now down. but definitely off the lows for the day. the s&p 500 marks the fifth attempt this month that that index has come within five points of its all-time closing high. all three indexes are coming off of the lows of the day. michelle, you know what? is it or isn't it a template for restructuring? a lot of confusion from those comments. >> yes, so first the president says cyprus will be a template and then his aide walks it back and says this is a unique case. what he means by a template is eu
. >> that's going to run right into the debt ceiling? how's the market going to react? >> really coming back and having about half of the earlier losses. that will do it for power lunch. >> we will see how it goes. "street signs" begins right now. >> and welcome to street signs. we started the die and we thought we might see a new high. what is behind today's reversal and what will it take to breakthrough to new highs? the company bringing on its founders. so...
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Mar 22, 2013
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ceiling, increasing the debt ceiling is like putting your groceries on a credit card. when in reality it's the equivalent of not paying your bills. >> bill: certainly if they are going to stick to the ryan budget, they are going to have to sell it better this time around. chris moody from yahoo! news. and eric is here as a friend of bill. >> announcer: heard around the country and seen on current tv. this is the "bill press show." ♪ criticizing, and holding policy to the fire. are you encouraged by what you heard the president say the other night? is this personal or is it political? a lot of my work happens by doing the things that i am given to doing anyway. staying in tough with everything that is going on politically and putting my own nuance on it. not only does senator rubio just care about rich people but somehow he thinks raising the minimum wage is a bad idea for the middle class. but we do care about them, right? vo: the war room monday to thursday at 6 eastern i think the number one thing that viewers like about the young turks is that we're honest. they c
ceiling, increasing the debt ceiling is like putting your groceries on a credit card. when in reality it's the equivalent of not paying your bills. >> bill: certainly if they are going to stick to the ryan budget, they are going to have to sell it better this time around. chris moody from yahoo! news. and eric is here as a friend of bill. >> announcer: heard around the country and seen on current tv. this is the "bill press show." ♪ criticizing, and holding policy to the...
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Mar 18, 2013
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the next speaker has been an outspoken advocate to not raise the debt ceiling so our children do not inherit a debt-ridden future. the next speaker has been outspoken for the unilateral repeal for obamacare. [applause] more so than anything else, our next speaker is one of the most courageous conservatives in the country. she stands for principle, she will oppose a republican just like she will oppose a democrat. she's fighting if the future of the country so my generation can prosper. ladies and gentlemen please join me in welcoming congresswoman michelle bachman. [applause] >> good morning. good to see you. good morning. love you too! good morning. welcome, everyone. thank you for that wonderful cpac early morning welcome. welcome to washington, d.c. the epicenter of care and compassion. it is a very unique city as you know. you have to show a photo i.d. in other words to have a white house tour then they turn around and demand you put away your i.d. before you vote for the man sitting in the white house. it is a city of care and compassion. i want to ask you an important question
the next speaker has been an outspoken advocate to not raise the debt ceiling so our children do not inherit a debt-ridden future. the next speaker has been outspoken for the unilateral repeal for obamacare. [applause] more so than anything else, our next speaker is one of the most courageous conservatives in the country. she stands for principle, she will oppose a republican just like she will oppose a democrat. she's fighting if the future of the country so my generation can prosper. ladies...
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Mar 25, 2013
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not the debt ceiling? it's gun violence, and it's unrestricted access to guns by criminals and the mentally ill, thanks to the capitol managements and the nras of the world who are arming criminals and -- and controlling our hard-fought democracy. we have got to take your democracy back. there are way more of us than there are of those lunatics in the nra, and their benefactors in the gun industry. but we have to hold our congress people accountable. >> michael: it seems, john noot to sort of douse your flames on this, it seems like they are calling. thanks goodness there is bloomberg to counter these people for the first time. isn't the moment going away now? i know we said that about gabby giffords, and i thought that was going to be the moment and it clearly wasn't, now i thought this was a no-brainer. what has to happen? >> i'm afraid something far worse than newtown. as we get further and further away from newtown, we're seeing even the democrats in the senate shy away from assault weapons and ammunit
not the debt ceiling? it's gun violence, and it's unrestricted access to guns by criminals and the mentally ill, thanks to the capitol managements and the nras of the world who are arming criminals and -- and controlling our hard-fought democracy. we have got to take your democracy back. there are way more of us than there are of those lunatics in the nra, and their benefactors in the gun industry. but we have to hold our congress people accountable. >> michael: it seems, john noot to...
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Mar 22, 2013
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it was only done as a result of the republican black male on the debt ceiling. ceiling does not taste do not spend more money. -- does not say do not spend more money. you cannot payy, the bills and have to pay the bills. otherwise the country defaults. you have to pay the bills. ceilingraised the debt 77 times since world war ii. in the end, you have a vote for it and everybody knew that. until now. if you increase the debt ceiling, you have to cut spending by an incredible amount over 10 years. they were going to make the false. -- to make as default for the congress voted for will $0.20 trillion specified in -- todeficias a percent of the eco. if you el ten del dollars on a credit card, as that a lot or a little? -- if you owe $10,000 on your credit card, is that a little or a lot? to look and how burdensome the debt is, you have to take a percentage is. we have reduced the debt as a from 10.1% togdp 5.3%. we have cut it in half. the fastest reduction in the deficit since the demobilization after world war ii. vote against the sequester. at the three have don
it was only done as a result of the republican black male on the debt ceiling. ceiling does not taste do not spend more money. -- does not say do not spend more money. you cannot payy, the bills and have to pay the bills. otherwise the country defaults. you have to pay the bills. ceilingraised the debt 77 times since world war ii. in the end, you have a vote for it and everybody knew that. until now. if you increase the debt ceiling, you have to cut spending by an incredible amount over 10...
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Mar 25, 2013
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ceiling increase. they'll pass a budget. the house passed a budget. in theory what they're supposed to do is reconcile the two of them, come up with a compromise and make that budget the law. that's not going to happen, this was the end. this bill is going to die and there's no implication for keystone, excel, abortion or anything else. it's symbolic. >> quoting myself, it's a statement of priorities. and the fact that the republicans are still trying to litigate the issue of the affordable care act, still talking about contraception, still talking about a woman's right to choose, it's a testament, those are not winning issues for the republican party. i want to talk to you, josh, you have a great column in bloomberg view, talking about republicans and their deficit amnesia. michael writes in the "daily beast," the gop is advancing three crucial lies, that we have to balance the budget, that public investment at this point is irresponsible and that if we do slash spending and balance the budget, jobs w
ceiling increase. they'll pass a budget. the house passed a budget. in theory what they're supposed to do is reconcile the two of them, come up with a compromise and make that budget the law. that's not going to happen, this was the end. this bill is going to die and there's no implication for keystone, excel, abortion or anything else. it's symbolic. >> quoting myself, it's a statement of priorities. and the fact that the republicans are still trying to litigate the issue of the...
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Mar 22, 2013
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ceiling showdown. am i wrong? then from a policy perspective, can the two sides meet? >> well, i think it's important to remember that we actually have had two and a half trillion dollars of deficit reduction agreed to already. and in all of the votes that they've taken so far we've had significant deficit reduction and both taxes but mostly in spending. and i would say, you know, it does feel like groundhog day because we've gone through two and a half years. great movie. not so great when it's congress. >> not fun when it's real. right. >> but we feel like we have this, i mean, how many times has speaker boehner said one to one? i know it's tiring but the idea that we're going to negotiate the debt limit? i mean, i think it's -- the president should refuse to negotiate on the debt limit. >> he has in the past. >> i think he should hold to that position now because i think the challenge for republicans is that this whole debate has weighed them down as a party. their numbers get worse every time they
ceiling showdown. am i wrong? then from a policy perspective, can the two sides meet? >> well, i think it's important to remember that we actually have had two and a half trillion dollars of deficit reduction agreed to already. and in all of the votes that they've taken so far we've had significant deficit reduction and both taxes but mostly in spending. and i would say, you know, it does feel like groundhog day because we've gone through two and a half years. great movie. not so great...
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Mar 19, 2013
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ceiling to be increased because we spent so much money and republican said okay, we will raise the debt ceiling so the country doesn't default but only if you agree to a dollar for dollar reduction in spending over the next decade. that $2.5 trillion in spending restraints, not real cuts, spending, less than obama had hoped but in washington that is called a cut. if you want 10 of something and you only got eight of something, you walked away with eight but so that was the $2.5 trillion spending reduction over the next decade. it hasn't happened yet. we have several problems. the trillion dollars that obama obama -- obamacare tax increases in this decade have begun to hit now. oddly enough the democrats in the house and senate decided to put the tax increases, both of them after the 2012 election so everybody voted and now the tax increase has hit. this is not helpful for the economy and they think it's going to be unpleasant. >> host: up next from watertown south dakota on the democratic line. good morning, ron. >> caller: good morning and thanks for taking my call. i listened to you f
ceiling to be increased because we spent so much money and republican said okay, we will raise the debt ceiling so the country doesn't default but only if you agree to a dollar for dollar reduction in spending over the next decade. that $2.5 trillion in spending restraints, not real cuts, spending, less than obama had hoped but in washington that is called a cut. if you want 10 of something and you only got eight of something, you walked away with eight but so that was the $2.5 trillion...
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larger plan to raise the debt ceiling. krazak from cq roll call. >> starting tonight at 9:00 p.m. eastern, our first lady series continues with a look at the lives of elizabeth monroe and louisa out front -- adams. on c-span [applause] , "the communicator's." , discussingn3 policy and the future of afghanistan. now, remarks from joint chiefs of staff chairman martin dempsey on the future of the persian gulf sharing his thoughts on u.s. engagement in the region held by the center for strategic studies, this is 50 minutes. [applause] you, doctor. if i could return some of the kind words, he has been one of those individuals in my life, whenever i had a particularly ,exing challenge, which is neary whether i was the acting commander or chief staff, i could call them up and he could gather a group together and let me hang around some of our most complex problems. i appreciate -- it is good to see you again, sir. ambassador is, especially the future diplomats of our world, those of my generation hoping to wrap this and a little
larger plan to raise the debt ceiling. krazak from cq roll call. >> starting tonight at 9:00 p.m. eastern, our first lady series continues with a look at the lives of elizabeth monroe and louisa out front -- adams. on c-span [applause] , "the communicator's." , discussingn3 policy and the future of afghanistan. now, remarks from joint chiefs of staff chairman martin dempsey on the future of the persian gulf sharing his thoughts on u.s. engagement in the region held by the center...
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Mar 22, 2013
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jon: but, judy, the republicans caved on things like the fiscal cliff and the debt ceiling. it seemed like he was a on a roll in the early weeks. >> right, jon, but that may establish the point which is, that if you start out with a lower level of popularity than presidents traditionally started out, their second term, you have further to fall, to rise in the polls if you're numbers go up but you have less to fall if, below to get that below that 50% mark. if you start out with a highly partisan, politicized electorate they will really come down on you like a ton of bricks if you do anything they don't like, which is a point that nate silver made in a recent analysis on the polling drop. i think coming right after this, the president's, what seems to be a very successful trip to the middle east just shows you that the american people are focused on the economy and they're focused on economic uncertainty. they're not focused on foreign policy as much as some of us would like, they really care about whether or not he's going to deliver any economic prosperity in the second ter
jon: but, judy, the republicans caved on things like the fiscal cliff and the debt ceiling. it seemed like he was a on a roll in the early weeks. >> right, jon, but that may establish the point which is, that if you start out with a lower level of popularity than presidents traditionally started out, their second term, you have further to fall, to rise in the polls if you're numbers go up but you have less to fall if, below to get that below that 50% mark. if you start out with a highly...
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ceiling is hit. i think that's the most fertile time for us. i think what republicans want to see, wolf, they want to see a 75-year actuary soundness. we want to make sure the programs are going to be there for the future. the president knows we want to make sure these programs are there, and what the presidents wants, obviously, is some additional revenue. i believe there's a possibility if we could get the 75-year soundness on medicare and social security with appropriate changes and reforms, i think there may be a way through full tax reform to do something that will generate revenue and fit the needs of both sides, and that's what i'm hopeful is going to happen over the next four months. look, there's no negotiation that's happening right now. there's some general discussions that have taken place, but i think the environment is going to be the best that it's been in the next several months. >> just to be precise, under certain circumstances to save social security and medicare over 75 years, you
ceiling is hit. i think that's the most fertile time for us. i think what republicans want to see, wolf, they want to see a 75-year actuary soundness. we want to make sure the programs are going to be there for the future. the president knows we want to make sure these programs are there, and what the presidents wants, obviously, is some additional revenue. i believe there's a possibility if we could get the 75-year soundness on medicare and social security with appropriate changes and reforms,...
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Mar 22, 2013
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ceiling. that's an issue that's on the horizon for may. they'll have to figure out how to do this. >> host: pete kasperowicz, thanks very much for talking with us. >> guest: sure. anytime. >> and president obama continues his trip to the middle east with a stop in jordan today. the prime minister's meeting with king abdullah, and he'll talk with reporters after that meeting. you can see their comments live at 11:45 eastern on c-span. >> monday night on ifs first ladies," called a bigamist during her husband's 1828 presidential campaign, rachel jackson dies of an apparent heart attack. his niece, emily donaldson, becomes the white house hostess but is later dismissed as fallout from the scandal. and during the next administration, angelica van buren is the hostess for her father-in-law, president martin van buren, who is a widower. we'll include your questions and comments by phone, facebook and twitter live monday night on c-span and c-span3, also on c-span radio and c-span.org. >> coming up n
ceiling. that's an issue that's on the horizon for may. they'll have to figure out how to do this. >> host: pete kasperowicz, thanks very much for talking with us. >> guest: sure. anytime. >> and president obama continues his trip to the middle east with a stop in jordan today. the prime minister's meeting with king abdullah, and he'll talk with reporters after that meeting. you can see their comments live at 11:45 eastern on c-span. >> monday night on ifs first...
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Mar 18, 2013
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republican said, ok, we will raise the debt ceiling for the country does not default, but only if you agree for a dollar for dollar reduction in spending over the next decade. and so, yet $2.50 trillion of spending restraint -- not real cuts but spending less than obama had hoped. in washington that is called a cut. if you wanted 10 of something and you only got eight of something, you say i got cut two. if you actually walk away with eight. so, that was a $2.50 trillion spending reduction over the next decade. it has not happened yet. we have several problems facing us. the trillion dollars in the obamacare tax increases that hit this decade, that begin to hit now. oddly enough, the president and the democrats in the house and senate decided to put the tax increases, the bulk of them, after the 2012 elections. so, everybody voted and now the tax increases hit. it is not helpful for the economy and i think it is going to be unpleasant for voters. from ron is up next watertown, south dakota. democrats' line. caller: thank you for taking my call. i have listened to you for a long time a
republican said, ok, we will raise the debt ceiling for the country does not default, but only if you agree for a dollar for dollar reduction in spending over the next decade. and so, yet $2.50 trillion of spending restraint -- not real cuts but spending less than obama had hoped. in washington that is called a cut. if you wanted 10 of something and you only got eight of something, you say i got cut two. if you actually walk away with eight. so, that was a $2.50 trillion spending reduction over...
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ceiling limit and a budget. let's face it, the president as a matter of law, budget october of 1974 requires the president to deliver a budget on or before february 1st, where is the budget. not the republicans problem. we are supposed to act off the president's budget that never arrived. >> megyn: i want to ask you, julie, you mentioned something interesting about how this is aimed towards recapturing the house of representatives in the next mid term election, 2014, and no biden did say, please, please work hard to elect 17 new house democrats. now, that's a serious longshot, it's a hail mary, and i'm not saying it can't hop, but this would be-- >> yeah, but so, that seems to be, the pundits came out and told us that's what president obama was aiming for with the charm offensive speaking to the american people, we're reasonable we can get things done. go with the democrats. and again, why would joe biden not just be going with that for now, knowing there are reporters sitting there, who are going to report what
ceiling limit and a budget. let's face it, the president as a matter of law, budget october of 1974 requires the president to deliver a budget on or before february 1st, where is the budget. not the republicans problem. we are supposed to act off the president's budget that never arrived. >> megyn: i want to ask you, julie, you mentioned something interesting about how this is aimed towards recapturing the house of representatives in the next mid term election, 2014, and no biden did say,...
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Mar 18, 2013
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and the republicans said, okay, we'll raise the debt ceiling is so the country doesn't default, but only if you agree to a dollar-for-dollar reduction in spending over the next decade. and so we got $2.5 trillion in spending restraint. not real cuts, spending less than obama had hoped in. in washington that's called a cut. if you wanted ten of something and you only got eight of something, you go i got cut too. actually, you walked away with eight. but, so that was a $2.5 trillion spending reduction over the next decade. it hasn't happened yet. we're still, we have several problems facing us. the trillion dollars in obamacare tax increases that hit this decade, that begin to hit now. oddly enough, the president and the democrats in the house and senate decided to put the tax increases, the bulk of them after the 2012 election. so everybody voted, and now the tax increases hit. it's not helpful for the economy, and i think it's going to be unpleasant for voters. >> host: ron's up next from watertown, south dakota, on the democratic line. good morning, ron. >> caller: good morning. >> gues
and the republicans said, okay, we'll raise the debt ceiling is so the country doesn't default, but only if you agree to a dollar-for-dollar reduction in spending over the next decade. and so we got $2.5 trillion in spending restraint. not real cuts, spending less than obama had hoped in. in washington that's called a cut. if you wanted ten of something and you only got eight of something, you go i got cut too. actually, you walked away with eight. but, so that was a $2.5 trillion spending...
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Mar 25, 2013
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one of the things we heard going back to the debt ceiling negotiations in the summer of 2011, john boehner saying in effect the president played loosesy and -- lucy and yanked football and was not keeping his word on obligations he said he would undertake. i wonder if joe biden going back to offer a at this time for at that time argument? would be interesting to for reporters would follow up. what were the five occasions? what were the specific deals and how did republicans back out at them? bill: what date did it happen and what did republicans supposedly promise you and how did they renege on that. >> right. bill: here is john boehner, 10 days ago, similar topic here. listen to the speaker. >> republicans want to balance the budget. the president doesn't. republicans want to solve our long-term debt problem. the president doesn't. we want to unlock our energy resources to put more americans back to work. the president doesn't. bill: he also said it will take more than dinner dates and phone calls. and that goes back to your point about the charm offensive. like, what is truly working her
one of the things we heard going back to the debt ceiling negotiations in the summer of 2011, john boehner saying in effect the president played loosesy and -- lucy and yanked football and was not keeping his word on obligations he said he would undertake. i wonder if joe biden going back to offer a at this time for at that time argument? would be interesting to for reporters would follow up. what were the five occasions? what were the specific deals and how did republicans back out at them?...
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Mar 20, 2013
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. >> if there is no deal by the end of july early august will you vote to raise the nation's debt ceiling? that's when it has to be raised. >> i'm not going to get into what we will or will not do. i do believe that we can make sure the default is not going to happen. i'm not really worried about us defeating. i think we can give the authority to the president to prevent default. i have to tell you, wolf. we can't keep running up deficits like this. it will damage our economy deeply and people are saying that we don't have a crisis on the horizon. of course we do. we've got a debt that is on a tear right now. if the debt takes off like it's projected to do, it's not only hurting our economy today but destroying it for the next generation. we just can't sit around and be complicit with that. that means we have to do something about it. >> let me get your thoughts on a couple sensitive issues coming before congress. immigration reform. do you support a pathway to citizenship for the 11 or 12 million illegal immigrants in the united states? >> well, i think we can get the comprehensive immig
. >> if there is no deal by the end of july early august will you vote to raise the nation's debt ceiling? that's when it has to be raised. >> i'm not going to get into what we will or will not do. i do believe that we can make sure the default is not going to happen. i'm not really worried about us defeating. i think we can give the authority to the president to prevent default. i have to tell you, wolf. we can't keep running up deficits like this. it will damage our economy deeply...
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Mar 18, 2013
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plan to raise the debt ceiling. >> paul krawzak writes for cq roll call. thanks for talking with us today. >> thank you. >> president obama officially nominated thomas perez to be his next labor secretary. mr. peres has been in the sub rights division since 2000 currently serves as the assistant attorney general for civil rights. he is the sum of a dominican immigrant in the first hispanic to be named to president obama second term cabinet. the ceremony to case in the white house geese room this morning. here is a look. [background sounds] >> ladies and gentlemen the president of the united states accompanied by thomas perez. [applause] [applause] >> thank you. [applause] everybody have a seat. have a seat. as i have set before my top priority as president is doing everything we need to do to make sure that we are growing our economy and that we are strengthening our middle class. and as i said said in my state of the union address last month, every day we should be asking ourselves three questions. one, how do we make sure america is a magnet for good job
plan to raise the debt ceiling. >> paul krawzak writes for cq roll call. thanks for talking with us today. >> thank you. >> president obama officially nominated thomas perez to be his next labor secretary. mr. peres has been in the sub rights division since 2000 currently serves as the assistant attorney general for civil rights. he is the sum of a dominican immigrant in the first hispanic to be named to president obama second term cabinet. the ceremony to case in the white...